Comet Industries Ltd. (CVE:CMU – Get Free Report)’s stock price fell 5.6% on Thursday . The company traded as low as C$4.25 and last traded at C$4.25. 5,000 shares traded hands during trading, an increase of 43% from the average session volume of 3,492 shares. The stock had previously closed at C$4.50.
Comet Industries Stock Down 5.6 %
The company has a quick ratio of 6.63, a current ratio of 7.44 and a debt-to-equity ratio of 0.52. The company has a market capitalization of C$19.85 million, a PE ratio of 2.54 and a beta of -0.26. The company’s 50 day moving average is C$4.38 and its two-hundred day moving average is C$4.29.
Insider Activity
In other news, Director Michael Santoro bought 6,400 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were bought at an average cost of C$4.25 per share, for a total transaction of C$27,200.00. Company insiders own 43.77% of the company’s stock.
Comet Industries Company Profile
Comet Industries Ltd. holds and manages real estate properties in the British Columbia. It also acquires and develops mineral properties. The company holds a 40% working interest in the Iron Mask property located in southwest Kamloops, British Columbia. It also owns a 10% carried net profit interest in a contiguous block of mineral properties; and the surface land titles comprising the crown grants located in Kamloops, British Columbia.
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